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Shareholders Cheer Lowe's New Green Energy Initiatives
… the energy efficiency of its stores nationwide. The New York State Common Retirement Fund (the Fund) and Boston … with the carbon reduction objectives outlined in the 2015 Paris Climate Agreement, Lowe's is showing its commitment to … been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesDiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… their boards. In situations where a company has just one woman on its board, the Fund will vote against members of the … boards and more than 700 companies that have just one woman on their board. Research has demonstrated that having …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsDiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… and endorses model legislation. Publicly available records show FirstEnergy, which serves 6 million customers in seven … States with assets of approximately $247.7 billion as of Dec. 31, 2020. The Fund holds and invests the assets of the …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingNew York State Comptroller DiNapoli, CalPERS CEO Marcie Frost and NYC Comptroller Mark Levine Raise Alarm on Reports of Proposed SpaceX IPO Governance
… extreme governance structure within SpaceX’s confidential draft registration statement. While the registration …
https://www.osc.ny.gov/press/releases/2026/05/new-york-state-comptroller-dinapoli-calpers-ceo-marcie-frost-and-nyc-comptroller-mark-levine-raiseOversight of Mental Health Education in Schools
… Objectives To determine what steps the State Education Department (Department) is taking to ensure that school districts have the necessary mental health education in place as required by law. We also sought … To determine what steps the State Education Department is taking to ensure …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… aim to achieve just that. As we start the 2024 proxy season, I am confident that our stewardship efforts will … in advance of shareholder meetings during the 2024 proxy season and will post all votes cast at the end of the year. For example, the …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesXIX.2.A Project IDs and Description – XIX. Project Costing (PCIP)
… allows the agency to move toward the use of the description, the agency project reference number, and … data to support agency reporting needs. Project Description As a searchable field, the project description … of 30 characters. Guide to Financial Operations REV. 02/01/2022 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix2a-project-ids-and-descriptionManchester-Shortsville Central School District – Instructional Complex Capital Improvement Project (2021M-103)
… by the voters. The Board did not competitively bid four change orders totaling $244,000, as required. Officials did … project plans transparently to voters. Competitively bid change orders exceeding the statutory bid limit. Procure …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/manchester-shortsville-central-school-district-instructional-complexTown of Middleburgh – Claims Audit Process (2023M-56)
… – pdf] Audit Objective To determine whether the Town of Middleburgh (Town) Town Board (Board) properly audited … have been paid for inappropriate purposes. From our review of 184 claims totaling $340,204 we found: The Board approved … vendors and the reasons why solicitation of quotes is not in the Town’s best interest. Discontinue use of the Town …
https://www.osc.ny.gov/local-government/audits/town/2023/07/07/town-middleburgh-claims-audit-process-2023m-56Science Academies of New York Charter Schools – Purchase versus Lease of Buildings (2017M-279)
… of New York Charter Schools (SANY) has school buildings in the City of Syracuse and the Town of Geddes in Onondaga County, the City of Utica in Oneida County and the Town of Frankfort in Herkimer …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/03/30/science-academies-new-york-charter-schools-purchase-versus-lease-buildingsU-Crest Fire District #4 – Travel Expenditures (2017M-35)
UCrest Fire District 4 Travel Expenditures 2017M35
https://www.osc.ny.gov/local-government/audits/fire-district/2017/04/26/u-crest-fire-district-4-travel-expenditures-2017m-35Fishers Island Waste Management District -- Purchasing (2015M-292)
… The District, which is a district corporation of the State and is distinct and separate from the Town, is governed by an elected … did not always use vendors who provided the best price and did not provide adequate documentation to support …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292Accounts Payable Advisory No. 47
… card (PCard). These requirements are effective April 1, 2018. Reference : Guide to Financial Operations (GFO), … to pay the vendor with a check, electronic payment (ACH) or with the PCard. It is a best practice for agencies to … card PCard These requirements are effective April 1 2018 …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useOpinion 99-14
… the Legislature or by local law adopted prior to September 1, 1953, all contracts for public work involving an … NY2d 464, 478 NYS2d 593; Signacon v Mulroy , 32 NY2d 410, 345 NYS2d 527; see also 1991 Opns St Comp No. 91-13, p 33; Hauger v Earl , 275 App Div 437, 90 …
https://www.osc.ny.gov/legal-opinions/opinion-99-14Independent Oversight: OSC's Contract Review Safeguards Public Funds
… Fiscal Year (SFY) 2022-23 allowed at least $11 billion in spending without a competitive process or the benefit of … an OSC review. These actions build on exclusions adopted in prior budgets that have significantly eroded the Comptroller’s vital role in independent review and approval of contracts. OSC’s …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsDomestic Violence Awareness, Prevention, and Assistance Programs
… Domestic violence is a pervasive public health and safety issue in New York and affects individuals of all ages, … year. Domestic violence is a complicated and multifaceted issue with multiple agencies administering programs and …
https://www.osc.ny.gov/state-agencies/audits/2026/07/01/domestic-violence-awareness-prevention-and-assistance-programsFonda-Fultonville Central School District – Reserves Management (2021M-157)
… for reserve fund use and replenishment. Obtain voter approval to liquidate the liability reserve or fund the repair reserve, as required. Pass a required resolution to properly transfer $114,895 into …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157Town of Sanford – Claims Audit Process (2021M-189)
… Law Section 118. Town officials may have saved $5,010 in fuel costs if they had used the State contract pricing … on abstracts of audited claims. Periodically compare prices to State contracts and contracts bid by other …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189Town of Owasco – Financial Management and Procurement (2021M-70)
… (Town) Board (Board) effectively managed fund balances and reserves for the general, water and sewer district funds and has multiyear financial and capital plans. Determine … Owasco Town Board Board effectively managed fund balances and reserves for the general water and sewer district funds …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70North Syracuse Central School District – Professional Services (2022M-34)
… service providers without seeking competition. Used a request for proposals (RFP) process to select certain …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34